3 major trends affecting ed tech companies — from highereddive.com by Natalie Schwartz
We reviewed what executives said during their latest earnings calls to better understand patterns in the growing sector.

Excerpts:

Earlier on the call, he said Coursera’s entry-level certificates — which are developed by the likes of Facebook, Google, IBM, Intuit and Salesforce — attracted more than 2 million student enrollments since 2018.

“New entrants to the sector, such as corporations and online education companies, will offer genuine competition to traditional colleges, especially as pricing becomes more of a focus,” analysts wrote in the report. 

Several ed tech companies are seeing returns from efforts to work with companies to train their employees.

Officials at Udemy, a major MOOC platform that went public in October, said during a call with analysts in early December that their work with companies now accounts for 39% of their revenue – up from 23% a year ago.

 

Digital Learning Talent In Demand & More 2022 Hiring Trends — from teamedforlearning.com
2022 Hiring Trends in digital learning put job seekers in the driver’s seat. Learn how to use these trends to your advantage in education or corporate L&D.

Excerpt:

Now is an amazing time to look for a job in digital learning. The events of the last few years have boosted the demand for digital learning experts in all areas. That includes corporate L&D, higher ed, K-12, edtech, and commercial e-learning. As more organizations embrace a digital learning model, the demand for talent will continue to grow. The 2022 Hiring Trends in Digital Learning are all headed in one direction: up.

Our work connecting talented digital learning professionals with the organizations that need their skills has given us a sneak peek at the 2022 hiring trends in digital learning. And we’re ready to share those insights with you. Here’s what you need to know if you’re a job seeker in the digital learning industry.

 
 

A handful of colleges are finally providing training in a way consumers want it: fast — from hechingerreport.org by Jon Marcus
‘Rapid reskilling’ seeks to speed up the frustratingly slow pace of switching careers

Excerpts:

Such so-called rapid reskilling remains surprisingly rare in public and nonprofit higher education, which generally has been slow to respond to the need for accelerated training among the nation’s many career-switchers.

While conventional education institutions have long offered what they call short-term training, what they often mean by that is “shorter than it takes to get a degree.” Such programs still typically follow academic semesters that start only in the fall or spring and meet for a few hours a week, stretching on for months or years.

“We have really picked up the pace,” said Urban. “That’s something that is very, very attractive to career-switchers. People want it faster and they want it cheaper and they want it more conveniently. And that’s not a mode of operation in which traditional colleges and universities have thrived.”

 

 

If the vision of the “Web3” comes to fruition, how might these developments impact the future of lifelong learning? [Christian]

The next age of the internet could suck power away from Big Tech while living on the same backbone as cryptocurrencies. Here’s what to know about Web3. — from businessinsider.com by Katie Canales

Excerpts (emphasis DSC):

  • Web3 is the next generation of the internet and will exist on the blockchain.
  • It will be decentralized, meaning it won’t be controlled entities like Facebook or Google.
  • Twitter, GameStop, Reddit, and VC firm a16z are all putting resources into building Web3.

One aspect of the metaverse is that users will hopefully be able to go virtually from platform to platform with one single account — just like we will in Web3. 

And NFTs, one-of-a-kind tokens representing your ownership of a virtual good, could be more easily bought and sold with cryptocurrencies within a space like Web3. 


From DSC:
How might “Web3” translate into the future of lifelong learning? Here’s one vision/possibility:

There could be several entities and services feeding one's cloud-based learner profile

Each person would have a learner profile/account that could seamlessly log into multiple education/training providers’ platforms and services. The results of that learning could be stored in one’s cloud-based learner profile. This type of next-generation learning platform would still need subject matter experts, instructional designers, programmers, and other team members. But the focus would be on building skills — skills that an artificial intelligence-backed interface would demonstrate are currently being requested by the modern workplace.  This constantly-being-updated list of skills could then link to the learning-related experiences and resources that people could choose from in order to develop those skills.

The following vision/graphic also comes to my mind:

Learning from the living class room


 

Prisons are training inmates for the next generation of in-demand jobs — from hechingerreport.org by Danielle Dreilinger
Revamping career-tech education in prison with the goal of reducing recidivism

Excerpt:

And postsecondary education in prison, both vocational and more traditionally academic, will soon become more widespread: This perennially low-funded, essentially hidden part of the education world will be getting more money, thanks to three decisions in Washington: the First Step Act criminal justice reforms, the newest version of the federal Perkins Act for career and technical education and, most notably, the recent expansion of Second Chance Pell college grants for prisoners.

That’s good news, the evidence shows. Inmates who participate in correctional education — from GED certificates to college degrees and trade training and everything in between — are up to 43 percent less likely to return to prison, and such education provides a $5 return for every taxpayer dollar spent, according to the Rand Corp. And that’s just within three years of a prisoner’s release.

 

EDUCAUSE 2022 Top 10 IT Issues — from educause.edu

EDUCAUSE's 2022 Top 10 IT Issues

 

EDUCAUSE's 2022 Top 10 IT Issues

Excerpt (emphasis DSC):

The EDUCAUSE 2022 Top 10 IT Issues take an optimistic view of how technology can help create the higher education we deserve —through a shared transformational vision and strategy for the institution, a recognition of the need to place student success at the center, and a sustainable business model that redefines “the campus.”

See the 2022 Top 10 IT Issues

Almost two years into a global pandemic, it’s clear the higher education we knew will never return and now we can focus on getting the higher education we deserve.

 


From DSC:
I’m assuming that the we in the we deserve (as highlighted above) includes the students, as *the students* are the ones who most need for things to change.

That said, I’m doubtful such profound change will occur within higher education as it stands today. The existing cultures may prevent such significant and necessary change from occurring — and higher ed isn’t used to dealing with the current exponential pace of change that we’re experiencing. Plus, the downward spirals that many institutions are in don’t always allow for the new investments, programs, and/or experiments to occur. But who knows? When institutions of traditional higher education have their backs pressed up against the walls, perhaps such institutions and the people within them will be forced to change. There are innovative individuals and institutions out there. (I’m just not sure how much they’ve been listened to in many cases.)

To help students truly succeed means to change one’s core products/services — one’s story. But higher ed loves to play around the edges…rarely letting the core products/services get touched. 

To me, student success includes having students pay far less and, while still getting a solid liberal arts education/foundation, can get solid jobs immediately upon graduation. At least that’s my hope as we head into 2022. 

But what student success looks like may be different in the future.

Perhaps in 5 years, we will have moved much more towards a lifelong learning situation. Individuals may have joined a global, next-generation learning platform whereby one teaches for X minutes of the day, and learns for Y minutes of that same day. AI-based dashboards let people know which skills are in high demand, and then offer a menu of choices for how to acquire those skills.

A couple of lasts comments:

  • Being data-driven won’t save an institution. Vision might. But being data-driven has its limits.
  • The digital transformations being talked about within institutions of traditional higher education may be too little, too late. This conversation should have taken place a decade or more ago. (I think I just heard an “Amen!” from some folks who used to work at Blockbuster. They didn’t think a transformation was necessary either….but they learned their lesson the hard way. We should have learned from their situation…a long time ago. And I’m sure that you can think of other examples as well.)

 

Report Finds US Workers Lagging in Digital Skills — from technewsworld.com by John P. Mello Jr.

Excerpt:

Many Americans lack the digital skills needed to be productive members of the workforce in the 21st century, according to a report released Monday by a Washington, D.C. think tank.

One-third of U.S. workers lack digital skills, with 13 percent having no digital skills and 18 percent having, at best, limited digital skills, noted the report by the Information Technology & Innovation Foundation, a science and technology institute.

In essence, the ITIF reported, one in six working-age Americans are unable to use email, web search, or other basic online tools.

Also see:

Even though we may not be able to predict the jobs of the future, we can begin to crack the labor market code in today’s economy and home in on the hybrid, or human and technical skills that will help working-age adults prepare for the jobs of today and tomorrow.

 

EduMAX 2021 recap: Together for student success around the globe — from blog.adobe.com by Sebastian Distefano

Excerpt:

University CIOs, deans, provosts, faculty and staff from more than 100 institutions convened online for the Adobe EduMAX 2021 conference, where academic leaders shared how they are transforming teaching and learning practices across their campuses. Key discussion points included:

  • How digital literacy increases engagement to bring faculty and students together, whether they are in-person, online or in a hybrid environment.
  • How digital literacy closes the skills gap in higher education and industry by fostering critical essential skills that employers value.
  • How faculty can integrate digital literacy across the curriculum for all students.
 

The State of Student Success & Engagement in Higher Education -- from Instructure

The State of Student Success & Engagement in Higher Education — from instructure.com (authors of the Canvas LMS)
Our 2021 Global Student engagement and success study uncovers vital stats and key trends to help education institutions thrive through today’s education challenges.

Excerpt:

  • Connect students with alumni and potential employers through virtual networking, internships/externships, mentorship programs, and strategic partnerships.
  • Align curriculum with workforce outcomes and offer opportunities for students to showcase skill sets.
  • Close the perceived awareness gap of work/career readiness programs on campus with alumni programming highlighting the success of campus career resources.
  • Embed career exploration throughout the higher education experience and provide actionable insights into employment trends.

 

 

3 Tips for Making Passion-Based Learning Work Successfully — from thejournal.com by Dennis Pierce

Excerpt:

Passion-based learning, a form of self-directed learning in which students pursue projects of interest to them, is becoming more popular in schools — and for good reason: Educators who have set aside time for passion-based learning have discovered that students become highly engaged and motivated when learning about topics that intrigue them, while taking their learning much deeper than they would in a traditional lesson.

Passion-based learning initiatives include Genius Hour and 20time, both inspired by Google’s program that lets employees spend 20% of their time on projects of their choosing to spark innovation.

Giving all students the option to explore their interests can be challenging on a large scale. To overcome this hurdle and make the process easier for teachers, Sonora Elementary uses a new peer-to-peer learning platform called Tract, which is a collection of video content organized into self-directed learning paths.

tract.app allows students to be creative and practice their storytelling and multimedia skills

From DSC:
I love the type of tool/app like Tract — as students can work on a variety of skills:

  • multimedia development
  • music
  • acting
  • writing/composing
  • digital storytelling
  • …and more

Such projects/tools can unleash a great deal of creativity, engagement, and positive energy. Learning becomes more relevant, enjoyable, and interesting when we can provide more choice and control to our students.

 

ANALYSIS: Break Down Barriers to Legal Tech Usage With Training — from news.blooberlaw.com by Francis Boustany

Excerpt:

Many law firms and legal departments report barriers to using legal technology, and insufficient training may be a root cause. To help break down these barriers, organizations should consider creating more opportunities for their lawyers and staff to train on legal technology.

When asked to select what barriers to using legal technologies exist at their organizations, respondents to Bloomberg Law’s 2021 Legal Technology Survey indicated that the top obstacles are a lack of tech savvy, a lack of familiarity with available technology, and not enough time to learn the technology.


From DSC:
If it’s not already in place, all law schools should be offering curricula in this area from here on out.

 

Defining the skills citizens will need in the future world of work — from McKinsey & Company; with thanks to Ryan Craig for this resource

Excerpts:

Our findings help define the particular skills citizens are likely to require in the future world of work and suggest how proficiency in them can influence work-related outcomes, namely employment, income, and job satisfaction. This, in turn, suggests three actions governments may wish to take.

  1. Reform education systems
  2. Reform adult-training systems
  3. Ensure affordability of lifelong education

Establish an AI aggregator of training programs to attract adult learners and encourage lifelong learning. AI algorithms could guide users on whether they need to upskill or reskill for a new profession and shortlist relevant training programs. 

Foundational skills that will help citizens thrive in the future of work


From DSC:
No one will have all 56 skills that McKinsey recommends here. So (HR) managers, please don’t load up your job postings with every single skill listed here. The search for purple unicorns can get tiring, old, and discouraging for those who are looking for work.

That said, much of what McKinsey’s research/data shows — and what their recommendations are — resonates with me. And that’s why I keep adding to the developments out at:

Learning from the living class room

A powerful, global, next-generation learning platform — meant to help people reinvent themselves quickly, safely, cost-effectively, conveniently, & consistently!!!

 
© 2024 | Daniel Christian